Fiscal discipline as a social norm: the European Stability Pact

"This paper reviews the arguments for and against the 'Stability and Growth Pact' signed by the countries of the Euro area. We find the theoretical debate to be inconclusive, as both externality and credibility arguments can be used to yield opposite, and equally plausible conclusions...

Full description

Bibliographic Details
Main Authors: Fitoussi, Jean-Paul, Saraceno, Francesco
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Paris 2007
OFCE
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19133362124919515449-Fiscal-discipline-as-a-social-.htm

Similar Items